Shehab Farouk (pictured) has been appointed as an Officer in the Arab Regional Forum by the International Bar Association (IBA), representing Oman as its sole representative. The Arab Regional Forum serves as a platform for
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Hafez & Partners has elevated associate Omar Saad (pictured) to the position of Counsel, effective January 1st, 2024. This elevation underscores the firm’s deep appreciation for Saad’s exceptional skills and expertise in advising both
In a significant development for the automotive industry, Bahrain Mumtalakat Holding Company (“Mumtalakat”) has taken full control of the renowned McLaren Group. This acquisition includes a majority stake in the McLaren F1 team, solidifying Mumtalakat’
Global law firm HFW has recently announced the promotion of 16 new Senior Associates, effective from April 1, 2024. This move underscores the firm’s commitment to expanding its talent pool across its international network and core sectors,
Appointments
Moves
United Arab Emirates
Baker McKenzie’s Partner James Burdett Joins Abu Dhabi Office
Global law firm, Baker McKenzie, has announced the relocation of esteemed funds partner, James Burdett (pictured), from London to Abu Dhabi. This strategic decision underscores the firm’s dedication to bolstering and enhancing its transactional
Banking & Finance
United Arab Emirates
Sharjah Islamic Bank Pioneers $100M Islamic Facility with TWF
Sharjah Islamic Bank (SIB) has entered into a groundbreaking agreement with the Turkiye Wealth Fund (TWF), marking a significant milestone in Islamic finance. The agreement involves the provision of a Shariah-compliant Murabaha facility worth $100 million
Global law firm Clifford Chance has provided counsel to the joint lead managers on two sukuk issuances by the Islamic Corporation for the Development of the Private Sector (ICD) as part of its Trust Certificate
Capital Markets
Real Estate, Construction & Infrastructure
Saudi Arabia
Dentons Guides Alpha Capital in Forus Real Estate Deal
Global law firm Dentons has recently provided legal counsel to Alpha Capital, a Sharia-compliant investment entity licensed by the Capital Market Authority (CMA) of Saudi Arabia. The advisory pertained to Alpha Capital’s acquisition of
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Western Australia Forge Economic Partnership
The Abu Dhabi Investment Office (ADIO) strengthens Abu Dhabi’s ties with Western Australia through collaboration with the Department of Jobs, Tourism, Science, and Innovation. This partnership aims to foster economic growth by exploring shared
Global law firm, King & Spalding, provided legal counsel to Alkhabeer Capital in the successful establishment of the Alkhabeer Diversified Income Traded Fund 2030, slated for listing on the Saudi Stock Exchange. The fund aims to
